Tag: 31. August 2021
Business

Illuvium hits new highs as interest in NFT-based blockchain gaming skyrockets

[ad_1] The world of nonfungible tokens and blockchain gaming has seen immense growth and progress towards mainstream adoption in 2021. Recently, the movement picked up steam as an array of celebrities and internet influencers jumped on the hype train by purchasing premium digital collectibles. One project that has quickly risen in value over the past two months as details about its ongoing development trickle to the public is Illuvium (ILV), an open-world
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Business

Major job postings from the crypto space in 2021

[ad_1] As crypto and blockchain firms grow and need to navigate regulatory and economic challenges for the industry, many have to hire outside to find the best workers. This year, major companies, financial institutions, and even government agencies announced they were searching for fresh blood to help them adapt to the ever-changing crypto space. In February, major online retailer Amazon posted it was seeking a software development manager in Mexico to
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BUY/SELL

Bitcoin price turns to test lower support levels as $50K stays out of reach

[ad_1] Bitcoin (BTC) continued to range below $50,000 on the last day of August as analysts demanded higher levels in order to continue the bull run.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$51,000 remains the deal-breaker for BTCData from Cointelegraph Markets Pro and TradingView painted a dull picture for investors Tuesday as BTC/USD continued to trade in a four-day-old descending channel.Despite highly encouraging on-chain metrics and fundamentals, BTC price action disappointed the
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Business

3 reasons why a Bitcoin ETF approval will be a game changer for BTC price

[ad_1] Some financial experts believe that the price of cryptocurrencies is solely driven by investors' speculation, and in the past few years detractors have suggested that fixed income instruments like treasury bills have no relation to do with digital assets. This point of view is fairly accurate because, at this time, most investors from the asset class are not allowed to invest in Bitcoin (BTC) and altcoins.Public pension funds, retirement
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BLOCKCHAIN

Former US president calls crypto a ‘disaster waiting to happen’

[ad_1] In an interview with Fox Business released today, former U.S. President Donald Trump was questioned about his views on the health of the Wall Street markets, the current administration's progress, as well as the potential of Bitcoin and the cryptocurrency market.In response to the latter question, the former President stated: “I like the currency of the United States, but I think the others are potentially a disaster waiting to
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ALTCOIN

Altcoins rally to new highs after the ETH/BTC pair flips bullish

[ad_1] Signs that an altseason is underway are beginning to increase across the cryptocurrency market after numerous altcoins posted double-digit gains on Aug. 31. Meanwhile, the price of Bitcoin (BTC) continued to face headwinds and the digital asset trades at $47,100. The top altcoin Ether (ETH) looks poised to stage a 40% rally against BTC according to analysts, and a 5% gain in the ETH/BTC pair on Tuesday is thought to
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BLOCKCHAIN

Slovenian finance authority proposes 10% tax on crypto income

[ad_1] According to local media reports, the Financial Administration of the Republic of Slovenia, or FURS, is considering imposing a 10% taxable income bill on cryptocurrency asset activity in the near future.Under the current legislation method, the authority analyses an individual's digital asset activity on a case-by-case basis by trawling through their buy and sell transactions. This can result in a stagnant and tedious crypto administrative process.The introduction of this
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